Accredited Investor
Under this exemption, sales of securities may be made exclusively to persons who are accredited investors as defined in Rule 501, Regulation D of the federal 1933 Securities Act. A general announcement of a limited nature may be made of the proposed offering by any means, including a brief description of the business in 25 words or less. The issuer may also deliver information in addition to the general announcement if delivered through an electronic database that is restricted to persons who have been prequalified as accredited investors.
Specifics
Citation: |
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Filing Requirement: |
The following items must be received by the Director within 15 days after the first sale in this state: Uniform Notice of Transaction for Accredited Investors, Form U-2 and a copy of the general announcement. |
Filing Fee: |
$350
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